Pricing the planet's future: the economics of discounting in an uncertain world
Auteur :
Gollier, Christian
Éditeur :
Princeton University Press
ISBN :
9780691148762
Date de publication :
11 nov. 2012
Dimensions :
21,0 x 15,0 x 2,5 cm
Poids :
482 g
Format :
B315
Langue :
Anglais
Pays d'origine :
Grande Bretagne
Provides a simple framework to organize the debate on what we should do for the future. This title outlines the basic theory of the discount rate and the various arguments that favor using a smaller discount rate for more distant cash flows. It offers a suitable framework for dynamic problems and decision making.